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Kiwi Airlines has fixed operating costs of $ 3 million, and its variable costs amount to 2 1 percent of sales revenue. The firm has
Kiwi Airlines has fixed operating costs of $ million, and its variable costs amount to percent of sales revenue. The firm has $ million in bonds outstanding with a coupon interest rate of percent. Revenues for the firm are $ million and the firm is in the percent corporate income tax bracket. What is the firm's degree of operating leverage? SET YOUR CALCULATOR TO DECIMAL PLACES. ROUND TO DECIMAL PLACES AT THE END. FOR EXAMPLE, IF YOUR ANSWER IS ENTER IT AS
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